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Rep. Miller Congratulates Local Business on Receiving $4 Million State Grant
WASHINGTON – U.S. Representative Candice Miller (MI-10) today congratulated SMR Automotive Systems, USA, Inc. who received a $4 million Michigan Business Development Program performance-based grant through the Michigan Strategic Fund and the overall Michigan Economic Development Corporation (MEDC). SMR plans to expand its facility in the City of Marysville, as well as purchase a 100,000 square foot warehouse in the City of Port Huron. In total, SMR plans to invest $40 million and add 350 new jobs.
“Michigan is coming back and this grant is proof that the leaders at the Michigan Strategic Fund and the MEDC believe that the Blue Water region is helping to lead the way. This $4 million grant shows a great level of confidence in the vision of SMR and the ability of innovators in our community. SMR has also shown their commitment to our community through their planned $40 million investment and the 350 new jobs that investment will create. I congratulate SMR for their vision and investment which are certainly moving our community forward. And I am thankful for the diligent work of the Strategic Fund and MEDC in issuing this grant,” Miller said. “These investments in Marysville and Port Huron are just another example of the forward movement of the economy in the Blue Water Region. Michigan is a forward-thinking state, and businesses just like SMR who supply our area with vital jobs will only further advance state’s success.”
Note: SMR Automotive Systems, USA, Inc. is a Tier 1 automotive supplier of rear vision systems. The company plans to expand its facility in the City of Marysville by adding a paint line and new equipment and reconfiguring the existing space. The company also plans to purchase a 100,000 square foot warehouse in the City of Port Huron. SMR plans to invest $40 million and add 350 new jobs related to the projects, resulting in a $4 million Michigan Business Development Program performance-based grant. The City of Marysville is providing property tax abatements in support of the project.
The Michigan Business Development and Michigan Community Revitalization programs are MEDC Business Attraction and Economic Gardening programs supported by a Michigan Strategic Fund general fund appropriation. For more information, visit: www.MichiganAdvantage.org